Loan Comparison: 6.26% vs 6.5%
4655 Vireos View, Colorado Springs, CO 80922 ยท 3bd/1ba ยท $400,000
List Price
$400,000
Assumable Rate
6.26%
Remaining Balance
$396,810
Equity Gap
$3,189
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($3,189) is less than 5% of the purchase price ($20,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$3,189
Effective Rate
6.26%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,402/moAssumable @ 6.26%
$2,446/moYour Savings on This Property
4655 Vireos View, Colorado Springs ยท 6.26% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$988
interest saved
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